MPDD Working Paper (WP/12/01) High Food Prices in Asia-Pacific: Policy Initiatives in view of Supply Uncertainty and Price Volatility

MPDD Working Paper (WP/12/01) High Food Prices in Asia-Pacific: Policy Initiatives in view of Supply Uncertainty and Price Volatility

Date: 
Tuesday, January 31, 2012
Type: 
Working paper series
Abstract

High food prices have put increasing inflationary pressures across the Asia-Pacific region and
threatened food security. Bad weather in important food-producing countries and speculation in
commodity markets have affected global food supplies and added volatility to booming
commodity markets that have been fueled in the long-term by increasing global demand. High
food prices have threatened to slowdown economic growth, poverty reduction and inclusive
sustainable development throughout the region. Countries of the region have taken various
measures to address the risk of adverse effects caused by high international food prices. This
paper outlines policy responses and interventions that governments in the region can make to
counter the adverse impact of food inflation.

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